Foundations of Economic Analysis of Law

Name: Foundations of Economic Analysis of Law
Price: 93.56 USD
Availability: InStock
ISBN: 9780674011557

ISBN-10: 0674011554

ISBN-13: 9780674011557

Edition: 2004

Authors: Steven Shavell

List price: $109.00

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Description:

What effects do laws have? Do individuals drive more cautiously, clear ice from sidewalks more diligently, and commit fewer crimes because of the threat of legal sanctions? Do corporations pollute less, market safer products, and obey contracts to avoid suit? And given the effects of laws, which are socially best? Such questions about the influence and desirability of laws have been investigated by legal scholars and economists in a new, rigorous, and systematic manner since the 1970s. Their approach, which is called economic, is widely considered to be intellectually compelling and to have revolutionized thinking about the law. In this book Steven Shavell provides an in-depth analysis…

Book details

List price: $109.00
Copyright year: 2004
Publisher: Harvard University Press
Publication date: 3/15/2004
Binding: Hardcover
Pages: 768
Size: 6.37" wide x 9.25" long x 1.75" tall
Weight: 2.794
Language: English



Preface



Introduction



Property Law



Definition, Justification, and Emergence of Property Rights



Division of Property Rights



Acquisition and Transfer of Property



Conflict and Cooperation in the Use of Property: The Problem of Externalities



Public Property



Property Rights in Information



Accident Law



Liability and Deterrence: Basic Theory



Liability and Deterrence: Firms



Extensions of the Analysis of Deterrence



Liability, Risk-Bearing, and Insurance



Liability and Administrative Costs



Contract Law



Overview of Contracts



Contract Formation



Production Contracts



Other Types of Contract



Litigation and the Legal Process



Basic Theory of Litigation



Extensions of the Basic Theory



General Topics on the Legal Process



Public Law Enforcement and Criminal Law



Deterrence with Monetary Sanctions



Deterrence with Nonmonetary Sanctions



Extensions of the Theory of Deterrence



Incapacitation, Rehabilitation, and Retribution



Criminal Law



General Structure of the Law



The General Structure of the Law and Its Optimality



Welfare Economics, Morality, and the Law



Welfare Economics and Morality



Implications for the Analysis of Law



Income Distributional Equity and the Law



Concluding Observations


References


Author Index


Subject Index